Fully funding transportation projects and the public employees' pension and health benefits system would cost New Jersey billions of dollars and the state simply doesn't have that kind of cash. Raising the revenue would be all but impossible without tax increases and that's where pres…

TRENTON, N.J. (AP) -- The board that oversees New Jersey's nearly $80 billion public pension fund is moving ahead with an investment of up to $100 million in a private equity firm whose chairman gave millions to a political group once headed by Gov. Chris Christie.

New Jersey Gov. Chris Christie has kicked off the first in a series of planned "No Pain, No Gain" mini-town hall meetings, designed to build support for his call to lower public worker pension and benefit costs.